Hangzhou Xinguang Plastics Co., Ltd., founded in 1964, is one of the key enterprises in China's domestic plastic packaging industry and one of the most influential agricultural film producers in the southern region market. The company has total assets of 390 million yuan, covers an area of 84,000 square meters with factory area of 45,000 square meters, has more than 60 state-of-art production lines. Xinguang has the annual production of all kinds of plastic film 50,000 tons and 10,000 tons capacity of laminated flexible packaging film, with 1 billion yuan annual sales scale.

Now the company has over 80 products as in packaging material, soft packaging and agricultural film , widely used in industrial packaging, food packaging, pharmaceutical packaging, agricultural production and other fields.

Xinguang is the vice-chairman of the agricultural film professional committee of the China plastic processing association, the director unit of the China Agricultural Plastic Application Technology Society, one of the agricultural film standard making enterprises.

Hangzhou Mingri new material technology Co., Ltd., founded in 2021, has put into operation phase I project, focusing on the R & D, production and sales of fully biodegradable plastics and modified plastics, aiming at green environmental protection and import substitution of high technology, introducing international leading production equipment, developing production management system, and exploring the construction and development of automatic, intelligent and green digital factory.